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TexasGranny

Questions for Adam's Update 3-4-2015

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Please post your questions below for Adam's Wednesday update.

 

Please do NOT respond to the questions posted!    :shakehead:

 

Responses that are not on topic will be removed!    :surgeon:


:cowboy2:

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Hi Adam.

What do we do with our 50 dinar notes? Turn them into wallpaper or tissue paper? What's your take on this?

Thanks for helping us muddle through this....see you in Belize SOON!!!!

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Hi Adam.   I asked these to questions during your drive-by but I guess you didn't see them.  First question is:  What do you think they were talking about when they said "to not confuse the 50 note with the 500 note with the deletion of the 0's?  Second question:  By coming out at one of the rates you proposed, .01 to .30 and float, how could they de-dollarize without at leaqst something close to the dollar and wouldn't the BIG investors jump all over it like a hound dog on a pork chop, costing Iraq more money?  Just trying to think a little bit.  Thanks in advance.

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Hello adam

Maybe this is a naive question maybe not even worthy of responce at this point but i am curious about one thing. If and when the dinar i have become internationly traded......"simple as going into the bank and exchanging...." why or how would there be a time limit on exchanging them? 45-60 days?? If the dinar i have are "real",new,with all the "security" updates and could be exchanged in most any bank in america......whos to tell me i must exchange .....now! ??? Thanks for answering my question!!

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I understood the announcement about turning in their 50s said nothing about receiving replacement (new) 50's, just bills worth the equivalent - as in five 50's gets you a 250,etc. or even just that value in your bank account.  So, my understanding is that the 50's are being removed from circulation right now since they are old, easily counterfeited, and not currently worth squat.

 

This still looks like a good pre-RV move by the CBI to me.  In fact, I would like to see everything up to 1000 removed.  My thinking is the RV will go smoother if the lines to exchange old IQD for new won't be clogged by folks with wheelbarrows of puny bills they've been keeping in their mattresses - plus the easily counterfeited issue.

 

Are you hearing that the banks are actually REPLACING the old 50s with new 50s?

 

Peace and Prosperity

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There is a big difference from .01 to .30... Of course I hope we are closer to .30... .01 is still a good profit percentage for what was invested but would still feel like a kick in the teeth after all this time.

Adam do you still think .10 is the mark? Or close to it? Thought appreciated, thx

Edited by idplzr
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Hello Adam .. We all know how deceiving Iraq can be with everything from financials to mummies.  In Your Honest Opinion do you feel that anything less than a dollar would stop the people from using the dinar and cause a major run on the US dollar. It just seems to me that there a so many resources to justify at least a dollar. Thanks for all you do and of course thanks to all the mods.

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Hi Adam-we see the 50 bills being sucked back in to CBI. Now I read

An article that said Article 140 can't be completed until Daash

Is extinguished. It was also stated iraq bought another 48 tons of gold

And could back an RV 1 1/2 times over . I am confused. Where do we

Stand ? Does it look like we are in for another long haul? Also

Once currency is international, won't most banks exchange it? Thanks

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Adam: Is there a scenario, in your opinion, where Iraq would NOT honor any dinar outside of their country? I can only imagine the amount that are held throughout the world and in government vaults. Would = a lot of pi$$ed off folks.

 

In your Saturday drive-by follow up you stated...."what I'm hearing......01 to .30 and possible 45 days to exchange". Anything else to elaborate on with that thinking?

 

Is there any verification that the Iraq parliament is sitting on a "basket of banking and financial laws" that, once passed, BOOM will initiate the change we are looking for? They seem content to meet once a week and pass laws for "asphalt street paving" or "camel codes". I keep reading that the National Guard or the Fed Courts or the 2015 Budget or the HCL is the REAL holdup. They've agreed on two previous HCL laws, then trashed them to start the most recent product. Is that REALLY the key?

 

Finally, any news on ISX and ESX going live? There was a big rush to connect ISX to NASDAQ last fall, then nothing. Its a lot like driving in LA....stop, go, stop, go, stop. You think you're moving, but you're not.

 

Thanks for keeping us all grounded. AJ Hawk to the Vikings???

Edited by King Bean
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Adam, I am more concerned about WHERE I will exchange my Dinars then all this denomination talk. Here in the western part of Ohio no one (banks) are saying they will exchange them. And finding one with a D' Larue machine has also proved fruitless. Can you give any help as to where to look? 5/3 and The Huntington are the only two major banks in this area.

 

Thanks in advance.

Countryroads

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Adam,

 

The tariffs were supposedly started yesterday, March 1st.  Yet Iraq clearly did NOT RV!

 

What will be the effects on their economy as a result of these facts?

 

Also do you think we will see the HCL done in the next couple of weeks?

 

Finally, do they HAVE to arrest Maliki in order for the RV to happen?

 

THANKS MUCH!!

 

:shrug: :shrug:

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Just wondering if there's any new scoop on how that good ol' HCA turning into the HCL is coming along........yep.....just wondering.... :confused2:

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Adam

 

now that the budget has been passed. Can you tell us how Iraq is paying their debt. Is it in usd or dinars?

Thanks for al you do to help us understand what is going on in Iraq and dinar land.

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Adam: What the heck is going on with the ad's coming up in the middle of a thread. They are a nusance to put it mildly. Highly offensive because alot of them have soft porn or barely covered up ta ta's. They gotta go. I like this site for the IQD info not so I can lust after some near naked female that is not my wife. I hope things aren't so financially rough for you that DV's has to resort to porn to pay the bills. Did you all get hacked that these ad's come up and stopping them is beyond your control? If canceling them is under your control at least let members permanently opt out of getting them in 1 easy step. I can just go to NINA or Iraqi news, etc on my own if something can't be done to accomodate those of us who feel like this. Just keeping the VIP membership going and awaiting your phone call may have to be the last choice for me. I apologise if this comes off to harsh, I am just being honest with ya. Take care. NYK.

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Adam,

There seems to be alot going on in Iraq and very rapidly, but it seems like you don't have much input on it.. How often do you do your "drive bys". hope to hear from you soon..things are getting a bit confusing...

thank you Adam

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What is your thoughts on the Delete the zeros article that came out today and are we really going to get Ray Rice?????

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Hey Adam - if Iraq is going to rv, ri or whatever ... AND ... the CBI is going to take the 50 dinar notes out of the equation during the two month period of March 1 to April 30 - why should we expect anything to happen before those said 50 dinar notes are out of circulation?

Surely they wouldn't change the value of their currency while they were removing them from circulation. Talk about a logistical, if not a judicial nightmare!!!

Your opinions are always appreciated - and thanks for supplying the playground and learning centre for us to play and learn within.

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do i have to be a platinum VIP to join osi reserve?

 

No.  But you need to be a VIP to maintain access to the OSI Section.

 

-

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